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Presented by
Denae Montesi |
A rare opportunity to build a legacy property in the heart of the North Fork. Set on nearly one acre in East Marion, this premier building site offers the perfect foundation for a thoughtfully designed modern coastal residence inspired by the timeless architectural principles of Kramer + deConciliis Architecture — where clarity, sustainability, and connection to place define every detail. Positioned moments from beaches, vineyards, marinas, farm stands, and the vibrant village of Greenport, the property combines privacy, natural beauty, and long-term investment potential in one of the East End’s most desirable emerging luxury markets. The generous site size and favorable zoning create exceptional flexibility for a custom home with expansive indoor-outdoor living, a pool, guest accommodations, studio space, or wellness-focused retreat. Envision a residence that captures bay breezes and potential water views through clean architectural lines, natural materials, oversized glass openings, and seamless transitions to outdoor entertaining spaces. Whether conceived as a full-time residence, high-end vacation rental, speculative luxury build, or multi-generational retreat, the property offers the rare ability to align exceptional design with enduring real estate value. Conceptual architectural renderings, home design ideas, and proposed site plan elements, including suggested pool placement, have been prepared by North Fork based Kramer + deConciliis Architecture solely to illustrate one potential vision for the property. All proposed improvements are subject to applicable permits, approvals, zoning requirements, and buyer due diligence. No representations or warranties are made that the depicted plans or features have been approved or can be constructed as shown. This lot is located in an R40/1 acre zone, making it perfectly suited for a single-family home or as an investment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 347.371.0573
Denae.Montesi@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,202 | $3,283 | $4,318 |
| Total Monthly Payment | $3,294 | $3,375 | $4,410 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.